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Residential Solar: Study shows $14,300 Premium to Home Resale Price

A new study just published shows that owner-purchased residential solar power systems can add a premium to a home's sales price. The report produced by the Appraisal Institute, a professional real estate appraisal journal, indicates that buyers are willing to pay an average selling premium of 3.75% or $14,329 for a home solar power system over a comparable house with conventional power. The study looked at six states, and normalized the analysis for comparable fair market value homes with available solar system data.

 

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Do Solar Panels Produce More Energy Than What Goes Into Making Them?

We've been talking a bit about solar manufacturing processes at GetSolar lately, since most (if not all) of the innovation in solar energy generation occurs at that stage. Most discussion of solar manufacturing revolves around how to best reduce cost. But the amount of energy used to manufacture solar photovoltaic (PV) panels -- also called solar "modules" -- often merits attention as well. It takes effort and energy, after all, to fabricate the various parts of a solar module, like the solar cells, backsheets, frame and wires.

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